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v3.26.1

Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Schedule of CODM Reviews to Allocate Recourses to the Bank | The following table presents financial measures the Chief Operating Decision Maker reviews to allocate resources to the Bank as of the dates or for the periods indicated:
|  | As of or For the Three Months Ended March 31, |  |
($ in thousands) |  | 2026 |  | 2025 |  |  |  |
Revenue |  |  |  |  |  |  |  |
Interest income |  | $ | 48,831 |  |  | $ | 46,892 |  |  |  |  |
Interest expense |  | 22,021 |  |  | 22,609 |  |  |  |  |
Net interest income |  | 26,810 |  |  | 24,283 |  |  |  |  |
Gain on sale of loans |  | 1,409 |  |  | 887 |  |  |  |  |
Other income |  | 1,965 |  |  | 1,693 |  |  |  |  |
Total revenue, net of interest expense |  | 30,184 |  |  | 26,863 |  |  |  |  |
Expenses |  |  |  |  |  |  |  |
Provision for credit losses |  | 467 |  |  | 1,598 |  |  |  |  |
Salaries and employee benefits |  | 9,720 |  |  | 9,075 |  |  |  |  |
Premises expense |  | 1,754 |  |  | 1,725 |  |  |  |  |
Depreciation expense |  | 523 |  |  | 564 |  |  |  |  |
Other expense |  | 2,817 |  |  | 3,110 |  |  |  |  |
Total expense |  | 15,281 |  |  | 16,072 |  |  |  |  |
Income before income taxes |  | 14,903 |  |  | 10,791 |  |  |  |  |
Income taxes |  | 4,250 |  |  | 3,056 |  |  |  |  |
Net income |  | $ | 10,653 |  |  | $ | 7,735 |  |  |  |  |
Earnings per share, diluted |  | $ | 0.74 |  |  | $ | 0.53 |  |  |  |  |
Return on average assets |  | 1.30 | % |  | 1.01 | % |  |  |  |
Return on average shareholders’ equity |  | 10.95 | % |  | 8.53 | % |  |  |  |
Net interest margin |  | 3.36 | % |  | 3.28 | % |  |  |  |
Loans held-for-investment growth percentage |  | 1.9 | % |  | 3.7 | % |  |  |  |
Total deposits growth percentage |  | 3.3 | % |  | 3.8 | % |  |  |  |
Tier 1 leverage ratio (consolidated) |  | 12.05 | % |  | 12.14 | % |  |  |  |
ACL on loans to loans held-for-investment |  | 1.18 | % |  | 1.17 | % |  |  |  |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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